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- Title
The Benefits and Costs of Automotive Regulations for Low-Income Americans.
- Authors
Conrad, Kylie; Graham, John D.
- Abstract
Benefit-cost analyses of regulations address Kaldor-Hicks efficiency but rarely investigate the distribution of benefits and costs as experienced by low-income households. In order to fill this gap, this article assembles the available evidence to determine how regulations of the automobile industry may impact the well-being of low-income Americans. The scope of the investigation includes air pollution, safety and fuel-economy regulations. We find that performing benefit-cost analyses for low-income households is more challenging than commonly understood. Given the difficulties in completing distributional analysis with available information, the authors offer practical suggestions on how to change the federal data systems and the rulemaking process to ensure that information is collected about how future automobile regulations impact the well-being of the poor.
- Subjects
UNITED States; TRANSPORTATION laws; COST effectiveness; POOR people; AUTOMOTIVE fuel consumption standards
- Publication
Journal of Benefit-Cost Analysis, 2021, Vol 12, Issue 3, p518
- ISSN
2152-2812
- Publication type
Article
- DOI
10.1017/bca.2021.12